Commercial Condo for Sale*421-A tax Abatement

Stelios Hiotis
Licensed Associate Real Estate Broker
47-44 Vernon Blvd, Long Island City, NY 11101


150-30 12th Ave Apt: 1A
Queens NY 11357
Cross street:12th rd


Ownership: Condo
Type: Commercial
Area: 4317 sq ft


Price: $2,880,000
Common charges: $1,576
Real estate tax: $2,640
Financing Allowed: 80%
Minimum down: $576,000


Nestled in the heart of Whitestone, this boutique condominium contains 4 residential condos on the 2nd and 3rd floors, 4 parking spots (additional cost), and 5 commercial condos spanning the 1st floor and the cellar. Each Commercial condo has a 20 year tax abatement. Each Commercial condo is also equipped with a heating and cooling system and will be vanilla boxed for the prospective buyer’s final touches. This is a great opportunity for an end user to own and operate their own business!

This charming boutique condo is a three-level building and boasts 9,484 sqft of commercial and residential condos. Each unit is finished with concrete flooring. Whitestone’s 12th Ave condos are located just one block away from Whitestone Village.

Restaurants & shopping centers are just a few feet away from the property and the Q15A AND Q76 buses are nearby.

District 25 - Schools zoned for this address:

Bayside High School (09,10,11,12,SE)

P.S. 193 Alfred J. Kennedy (PK,0K,01,02,03,04,05,SE)

J.H.S. 194 William Carr (06,07,08,SE)

*Available units

C1- Approx Gross sqft 1,220

C2-Approx Gross sqft 2,479

C3-Approx Gross sqft 538

1A-Approx Gross sqft 4,317

2C-Approx Gross sqft 967 (Community Facility)

Sqft and taxes are Approximated!

The complete offering terms are in an offering plan available from Sponsor CD18-0308


  • A/C units
  • Central Air Conditioning
  • Elevator

All information furnished regarding property for sale, rental or financing is from sources deemed reliable, but no warranty or representation is made as to the accuracy thereof and same is submitted subject to errors, omissions, change of price, rental or other conditions, prior sale, lease or financing or withdrawal without notice. International currency conversions where shown are estimates based on recent exchange rates and are not official asking prices.
All dimensions are approximate. For exact dimensions, you must hire your own architect or engineer.